In November 2006, the Allegro revised plan was approved at a Portland Design Commission hearing. The Allegro has been a four-year quest for the California development firm of M. David Paul & Associates.
The site for the project is now a 76-car parking lot owned by TriMet (metro area's regional government body), and sits next to the SW Salmon Street light-rail stop. TriMet was willing to sell the land for $1 to a developer who would put high-density housing next to it and perhaps stimulate MAX traffic.
In August 2006, the Portland City Council rejected the proposed 21-story, 228-unit condo project in Goose Hollow as too bulky. The neighborhood opposed it and property owners to the north said it blocked their development opportunities. The Goose Hollow Foothills League, whose appeal of the project prompted the council's unanimous rejection in August, has agreed not to appeal this time.
The $1 deal comes with obligations: adding 76 underground public parking slots, replacing an old and deep Tanner Creek pipe and removing any remaining toxic substances.
Floor-to-Area Ratio (FAR)
The approved design of the Allegro is for a 20-story tower with a smaller two-story section. The original design had a 21-story tower with a separate 16-story tower next to it. The smaller second section allows the Allegro to be built with a floor-to-area ratio of 9-1, considerably less than the 12-1 floor-to-area ratio developers originally sought. No floor-to-area ratio transfers were necessary to construct the final design. Land zoned for a 9-1 FAR means the total floor space of the property’s building, regardless of height, can be no more than nine times the size of the property’s dimensions.
The next development could well be on the lot just north of The Allegro. Property owners Dan Petrusich and Bill Reilly have talked with the developer about a joint venture according to a story in THE OREGONIAN (December 7, 2006). Jeff Lamb, an architect for Sienna Architecture, the tower's designer, said that the Allegro was designed assuming that a building would go in next-door.
Update on Building: March 2008
TriMet, the owner of the parking lot on the site where the condo was to be built, has filed suit in U.S. District Court seeking to terminate a purchase contract with the California development firm of M. David Paul & Associates. TriMet contends in the suit that the November 2004 agreement expired at the end of February 2008. The development firm has argued in negotiations that the change in the condo market allowed the deadline to be waived.
Location 1715 SW Salmon Street. This is just west of downtown in the Goose Hollow neighborhood.
Developer M. David Paul & Associates.
Construction New construction.
Number of Units 158 condominiums in a 20 story building.
Style Unknown as of December 2006.
Green Unknown as of December 2006.
Pricing Unknown as of December 2006.
Parking Underground.
Sales Office Unknown as of December 2006.
Reservations Unknown as of December 2006.
Completion Date Most likely in late 2008 or early 2009.
Goose Hollow Homes Currently for Sale Goose Hollow Homes.
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